Elliptic Laboratories ASA (STU:EIP) Quick Ratio: 6.68 (As of Mar. 2026) — 19% Below Median


STU:EIP Elliptic Laboratories ASA STU:EIP
64 GF Score
Price €0.25
GF Value €1.28
Valuation Possible Value Trap
! 3 Warning Signs
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What is Elliptic Laboratories ASA Quick Ratio?

Elliptic Laboratories ASA STU:EIP -2.31% 64 Quick Ratio is 6.68 as of Mar. 2026, which is 19% below its 10-year median of 8.27. GuruFocus rates STU:EIP with a GF Score™ of 64/100 and a GF Value™ of €1.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,861 Software companies, Elliptic Laboratories ASA ranks better than 92% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Elliptic Laboratories ASA's quick ratio for the quarter that ended in Mar. 2026 was 6.68.

Elliptic Laboratories ASA has a quick ratio of 6.68. It generally indicates good short-term financial strength.

The historical rank and industry rank for Elliptic Laboratories ASA's Quick Ratio or its related term are showing as below:

STU:EIP' s Quick Ratio Range Over the Past 10 Years
Min: 0.68   Med: 8.27   Max: 19.97
Current: 6.68

During the past 9 years, Elliptic Laboratories ASA's highest Quick Ratio was 19.97. The lowest was 0.68. And the median was 8.27.

STU:EIP's Quick Ratio is ranked better than
92% of 2861 companies
in the Software industry
Industry Median: 1.7 vs STU:EIP: 6.68

Elliptic Laboratories ASA  (STU:EIP) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Elliptic Laboratories ASA Quick Ratio Related Terms


Elliptic Laboratories ASA Quick Ratio Historical Data

* Premium members only.

The historical data trend for Elliptic Laboratories ASA's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Elliptic Laboratories ASA Quick Ratio Chart

Elliptic Laboratories ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 14.68 13.14 7.45 7.83 5.21

Elliptic Laboratories ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.27 7.85 9.66 5.21 6.68

STU:EIP vs MSFT, ORCL, PLTR: Quick Ratio Comparison

For the Software - Infrastructure subindustry, Elliptic Laboratories ASA's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elliptic Laboratories ASA Quick Ratio vs Software Industry

For the Software industry and Technology sector, Elliptic Laboratories ASA's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Elliptic Laboratories ASA's Quick Ratio falls into.


STU:EIP
64GF Score
Elliptic Laboratories ASA STU:EIP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Elliptic Laboratories ASA Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Elliptic Laboratories ASA's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(11.169-0)/2.143
=5.21

Elliptic Laboratories ASA's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(14.847-0)/2.224
=6.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 6.68 mean?
Elliptic Laboratories ASA (STU:EIP) has a Quick Ratio of 6.68 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elliptic Laboratories ASA and its competitors. This is 19% below median its historical median of 8.27. Over the past decade, Elliptic Laboratories ASA's Quick Ratio has ranged from 0.68 to 19.97. According to the industry distribution chart, Elliptic Laboratories ASA ranks #229 out of 2861 companies in the Software industry, placing it in the top 8%.
Is Elliptic Laboratories ASA's Quick Ratio too high?
Elliptic Laboratories ASA's current Quick Ratio of 6.68 is 19% below median its 10-year median of 8.27. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 19.97. The Software industry median Quick Ratio is 1.70. Elliptic Laboratories ASA's value of 6.68 is 292.9% above this industry median. Based on the distribution chart, Elliptic Laboratories ASA ranks #229 out of 2861 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Elliptic Laboratories ASA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elliptic Laboratories ASA's Quick Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Elliptic Laboratories ASA ranks #229 out of 2861 companies for Quick Ratio. This places Elliptic Laboratories ASA in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.70. Elliptic Laboratories ASA's value of 6.68 is 292.9% above this benchmark. Historically, Elliptic Laboratories ASA's own Quick Ratio has ranged from 0.68 to 19.97 over the past decade. While the company's 10-year median is 8.27 vs. the industry median of 1.70, Elliptic Laboratories ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,861 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elliptic Laboratories ASA's current Quick Ratio of 6.68 is 292.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elliptic Laboratories ASA and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elliptic Laboratories ASA's current Quick Ratio is 6.68, which is 19% below median its own 10-year median of 8.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elliptic Laboratories ASA stock overvalued right now?
Based on GuruFocus' analysis, Elliptic Laboratories ASA (STU:EIP) is currently considered Possible Value Trap. The stock's GF Value™ is €1.28, compared to a current price of €0.25 — trading 80.2% below its estimated fair value. The current Quick Ratio is 6.68, which is 19% below median its 10-year median of 8.27 and 292.9% above the Software industry median of 1.70. Elliptic Laboratories ASA's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Elliptic Laboratories ASA (STU:EIP), the current Quick Ratio is 6.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Elliptic Laboratories ASA (STU:EIP) Overvalued in 2026?

Based on GuruFocus' analysis, Elliptic Laboratories ASA stock appears to be undervalued. The current stock price of €0.25 is trading 80.2% below its estimated GF Value™ of €1.28. GuruFocus considers Elliptic Laboratories ASA to be Possible Value Trap.

Key valuation signals for STU:EIP:

  • Quick Ratio: 6.68 (19% below median its 10-year median of 8.27)
  • GF Value™: €1.28 vs. price of €0.25 (80.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 292.9% above the Software median (#229 of 2861)

No single metric tells the full story. See the STU:EIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elliptic Laboratories ASA Business Description

Other Exchanges ELABSo:SwedenELABS:Norway
Address Hausmannsgate 21, Oslo, NOR, 0182
Elliptic Laboratories ASA develops and sells technical solutions that enable the interaction and information exchanges between individuals and technical devices, based on ultrasound software technology. Such devices include mobile phones, IoT devices, and other devices that could deploy the group's software technology to enhance the user experience. Its patented artificial intelligence (AI) software platform combines ultrasound and sensor fusion algorithms to deliver intuitive proximity, presence, and gesture sensing experiences. Its scalable AI Virtual Smart Sensor Platform creates software-only sensors that are sustainable, eco-friendly, and already deployed in hundreds of millions of devices around the world.
64GF Score

Get the complete analysis for STU:EIP

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.25
Price
€1.28
GF Value